Answer:
$124,966.9
Explanation:
The computation of the market or resale value is shown below:
$100,000 = $10,000 ÷ (1.15^1) + $10,000 ÷ (1.15^2) + $10,000 ÷ (1.15^3) + $10,000 ÷ (1.15^4) + Resale value ÷ (1.15^4)
$100,000 = $8695.65 + $7561.44 + $6575.16 + $5717.53 + Resale value ÷ 1.749006
Resale value ÷1.749006 = $71,450.22
So, the resale value is = $124,966.9
We simply applied the present value formula
Answer:
d. Work in Process Inventory and Factory Overhead.
Explanation:
Direct labor is labor that is directly involved in the production process, for example a machine operator in a factory is supplying direct labor. So when recording direct labor we do so under work in process inventory as that is where the labour is applied.
Indirect labour is one that is not directly involved in the production process, for example office cleaners, building maintenance. Since their contribution is not directly impacting production, indirect labor is recorded under factory overhead.
<span>He is most likely to ask for group input, allow group members to speak up, and value what they have to say. He is likely to listen to their advice and implement their suggestions. This is because he is sharing his authority and his power as a manager with his subordinates.</span>
Improved Healthcare and Education
A significant chunk of the collected taxes is spent on improving healthcare in the country. There are government hospitals that offer medical services without any cost or at minimum cost. Over the years, the quality of service provided by government hospitals has improved by leaps and bounds, and it has only happened because of taxpayers paying tax.
Helps Build the Nation
The cost of running an entire country, especially one that is as large and populated as ours, is humongous. It is through the taxes we pay that the government can perform civil operations. In other words, without taxes, it would be impossible for the government to run the country.
Avoid Tax Back
When being confronted with back taxes we owe the government, we often think of ways to cut back on it. Well, most tax laws understand the hardships of every taxpayer. Though, tax services are available for those who are delinquent in paying their taxes, which is a helpful opportunity to people who don’t have available money or funds.
